# Mexican Peso Opens November Higher Despite a Weekly Loss

> The peso opened November at 18.7916 per dollar, up slightly from Friday's close of 18.8037. It was down 0.77% for the prior week and 4.35% year-to-date. Banco de Mexico is scheduled to announce its policy decision on November 5.

- Date: 2026-11-02 · published 2026-11-02T21:11:16.029Z
- Category: market · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/75908-mexican-peso-opens-november-higher-despite-a-weekly-loss
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

The small opening gain does not change the underlying trend of peso weakness, so feed buyers' import costs stay elevated ahead of the Banxico decision.

## Read by commodity

- USDMXN: bearish ▼

## Sources

- econotimes.com: https://econotimes.com/Mexican-Peso-Opens-November-Higher-Despite-a-Weekly-Loss-1768762

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.